Sarah Pringle
MedRisk commands >14x EBITDA multiple Carlyle evaluated previous worker’s-comp opportunities Carlyle also won Spectrum’s Net Health this week Less than two years into its investment, TA Associates is exiting MedRisk via a sale to Carlyle Group, a deal that values the specialized managed-care company north of $1 billion, Buyouts has learned. Through its $13 billion Fund VI, Carlyle […]
Sellers demand more counterparty knowledge Intermediaries provide more info to buyers in data rooms VIP or gold-card auctions grow increasingly common As demand for quality assets continues to outweigh supply, a hypercompetitive market is also changing the way sponsors are buying and selling companies. “There’s a lot of focus and conversation around how to best navigate […]
Anticipated deal follows Aeris Partners-run sales process Spectrum invested in Net Health in June 2012 Carlyle fund struck deal for Newport Academy in August Spectrum Equity’s auction for Net Health, the software provider for specialized outpatient care it backed more than five years ago, is nearing conclusion. Carlyle Group, through its U.S. Equity Opportunity Fund, […]
Newly merged company expects >$80 mln EBITDA in 2018 Deal came together after formal Goldman auction Companies collect patient data used by private health plans to bill Medicare Through a pair of simultaneous deals, New Mountain Capital has created a means for Health Evolution Partners to liquidate one of its last remaining investments, CenseoHealth. New Mountain […]
Harris Williams wins sell-side mandate Numotion created in 2013 merger of LLR’s United Seating & Mobility, Audax’s ATG Rehab Company makes personalized manual and power wheelchairs, other mobility products Numotion, the complex rehabilitation technology company jointly owned by Audax Group and LLR Partners, is expected to return to the auction block next year, three sources familiar […]
Shipchandler likens bitcoin to an unregistered security Agency intends to regulate asset class VC, family offices, wealthy investors interested in sector The SEC intends to develop regulatory oversight over cryptocurrencies as the number of coin offerings and volume of capital being raised explode, a member of the agency said. Shamoil Shipchandler, regional director of the SEC’s […]
$2.3 bln deal marks first full exit out of Permira Fund V Permira bought 75 pct stake in Atrium in Nov. 2013 Vitamin maker’s brands include Garden of Life, Pure, Douglas, Seroyal Wobenzym Permira’s sale of a majority stake in Montreal vitamins maker Atrium Innovations is poised to produce an about 4.3x return for the European buyout […]
Proposed $113 mln dividend is almost half of 2014 equity investment JPMorgan auction earlier this year failed to produce deal Ability deemed unlikely to return to market in 2018 Despite failing to secure a buyer at its desired $1 billion-plus valuation earlier this year, Summit Partners is poised to recoup a good chunk of its investment […]
Webster Capital won the sponsor-driven auction for Bristol Hospice in a deal valued just north of $70 million, Buyouts has learned. The middle-market PE firm announced the deal on Thursday, confirming an August Buyouts report. The transaction completed a sales process by Edge Healthcare Partners, an Atlanta boutique investment firm. The price tag equates to an 8x […]
Webster Capital won the sponsor-driven auction for Bristol Hospice in a deal valued just north of $70 million, Buyouts has learned.